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Lahde Capital made one of the most successful hedge fund bets of all time in 2007, delivering a near 870% return, shorting subprime. Andrew Lahde’s full letter to investors is available after ...

Andrew Lahde is a retired hedge fund manager, who founded Lahde Capital in Santa Monica, California. Lahde received fame for his return rates in 2007. He also gained attention for the nature of his retirement, which he announced through a letter that skewered the andrew lahde letterbusiness culture in America.

A successful hedge fund manager closes up shop with a rollicking missive on everything from greed to economic philosophy.

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